?Willis Lease Finance Takes Flight: New Preferred Equity Agreement Poised for Growth?,

Willis Lease Finance Gains Momentum: A Bold New Equity Move and Impressive Financial Growth

Coconut Creek, Fla. In an exciting development for investors and market analysts alike, Willis Lease Finance Corporation (NASDAQ: WLFC) announced on September 27, 2024, that it has entered into a significant Series A Preferred Stock Purchase Agreement with the Development Bank of Japan Inc. This strategic move allows WLFC to refinance its existing $50 million Series A-1 and Series A-2 preferred stock into an improved $65 million preferred stock series, boasting a seven-year term and an attractive annual interest rate of 8.35% per share.

This refinancing not only consolidates previous preferred stock issuances but also enhances the companyns capital structure, positioning WLFC for future growth opportunities. With a healthier balance sheet, Willis Lease Finance can further invest in its fleet, expand its operations, and potentially explore new avenues in the fast-evolving aviation sector.

This latest announcement comes on the heels of a significant financial upturn for Willis Lease Finance, as the company reported an impressive 104.12% sequential growth in net income for the second quarter, now totaling $43 million. This robust performance was supported by a substantial 26.9% increase in revenue, which showcases WLFCns ability to navigate current market challenges effectively.

The improved financial metrics also reflect positively in the company?s net profit margin, which increased to a remarkable 28.17%, surpassing WLFC?s historical average. This achievement is a testament to the strategic initiatives the company is undertaking to enhance operational efficiencies, reduce costs, and ultimately create more value for stakeholders.

As Willis Lease Finance continues to adapt and grow in a competitive marketplace, the recently announced Series A Preferred Stock Purchase Agreement demonstrates the company?s proactive commitment to financial stability and shareholder value creation. This robust foundation allows WLFC to aim higher in its strategic ambitions, ensuring that it remains a key player in the industry.

As the financial landscape continues to evolve, investors will undoubtedly keep a close eye on WLFCns performance and future growth prospects, fueled by these transformative developments.

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